Social Science MCQ – 32
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Q.1: The groups suffering the most during high inflation are ?
- Business class
- Creditors
- Debtors
- Holders of real assets
Q.2: The highest foreign exchange earners have been the export of?
- Engineering goods
- Gems and jewellery
- Minerals
- Tea
Q.3: The Imperial Bank of India, after nationalisation, was renamed as ?
- State Bank of India
- Bank of India
- Reserve Bank of India
- Indian Overseas Bank
Q.4: The insignia of the RBI is?
- Tiger
- Lion
- Panther
- None of the above
Q.5: The key character of the modern economy is?
- Capital intensive mode of production
- Production for market
- Self-sufficient village system
- Development of money economy
Q.6: The key function of the Exim Bank is?
- To promote exports and curtail imports
- To prevent unlicensed transaction
- To help RBI in the regulation of foreign exchange
- To conserve foreign exchange
Q.7: The key objective behind Green Revolution in India was ?
- Modernisation of agriculture through science and technology
- To increase the area of green forests under social forestry scheme
- To increase the extent of cash crop cultivation
- To introduce the japanese method of paddy cultivation
Q.8: The key source of India’s national income is?
- Agriculture
- Industry
- Forestry
- None of these
Q.9: The key target of the very First Five-year Plan was ?
- Development of agriculture including irrigation and power projects
- Economic growth
- Industrial growth
- Self-reliance
Q.10: The labour creating value and gets rewarded for its services is termed as?
- Average labour
- Productive labour
- Unproductive labour
- Both skilled and unskilled labour
Social Science MCQ – 32
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